#arlington

Truist Financial Corporation is selling its near-prime auto loan portfolio for over $5 billion. This strategic move has resulted in the closure of its auto loan subsidiary's office in Arlington, Texas. More than 200 full-time employees at this location will be laid off as a consequence. The company is providing support to affected employees, including severance and job search assistance. This decision aligns with the new CEO's strategy to streamline operations and focus on core strengths.

Arlington, Texas

https://www.dallasnews.com/business/jobs/article/truist-auto-loan-exit-triggers-205-arlington-22434850.php

The University of Texas at Arlington has laid off 49 employees across 14 departments since June 1, 2025. This reduction is attributed to financial strain caused by decreased international student enrollment, a statewide tuition freeze, and federal funding cuts. The university stated these actions are part of long-term sustainability planning to align resources with strategic priorities. While the layoffs are a small percentage of the overall workforce, they reflect the institution's efforts to strengthen financial resilience. The university spokesperson emphasized a focus on supporting teaching, research, and student success through these disciplined choices.

Arlington, Texas

https://www.opencampus.org/2026/04/27/49-uta-employees-have-faced-layoffs-since-june-2025-records-show/

closing and 110 workers losing jobs by February